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Sealing the Deal on Vale Indonesia's Divestment

Monday, March 4, 2024

MIND ID acquired 14 percent of Vale Indonesia’s shares, becoming the majority shareholder without complete control.

arsip tempo : 171419856095.

President Commissioner of Vale Indonesia Deshnee Naidoo (third left), CEO of MIND ID Hendi Prio Santoso (third right) and Executive Officer of Sumitomo Metal Mining Yusuke Niwa (second right) sign the document on Vale Indonesia divestment share takeover, witnessed by Coordinating Minister for Maritime Affairs and Fisheries Luhut Binsar Pandjaitan (right), State-Owned Enterprises (SOEs) Minister Erick Thohir (second left), and SOEs Deputy Minister Kartika Wirjoatmodjo (left) in Jakarta, February 26. ANTARA/Indrianto Eko Suwarso . tempo : 171419856095.

 

BALLROOMS 1 and 2 of the Pullman Hotel Jakarta went silent during the “Signing of Definitive Transaction Agreement for the Acquisition of PT Vale Indonesia Shares” ceremony on Monday evening, February 26. All eyes were on the three individuals on stage as they bowed slightly to put their signatures on a document. As the three straightened their backs, the ballrooms roared with applause.

The three men on stage were Vale B

...

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Vindry Florentin

Divestment Nickel MIND ID Vale Indonesia Erick Thohir Luhut Pandjaitan
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